GFH Financial Group B.S.C.

On 4th July 2024, GFH Financial Group B.S.C announced a substantial shareholder transaction involving Mr. Ahmad Bin Mohammad Al Qassimi. The transaction date was 4th July 2024, and it involved the purchase of 191,629,692 shares. Before the transaction, Mr. Al Qassimi did not hold any shares. After the transaction, he holds 191,629,692 shares, representing a 5% ownership in GFH Financial Group. The announcement was made to Bahrain Bourse, Dubai Financial Market, Boursa Kuwait, and Abu Dhabi Securities Exchange.

GFH Financial Group B.S.C. announced the sale of 191,629,692 treasury shares, representing 5% of its total issued shares, to Mr. Ahmad Bin Mohammad Al Qassimi. Following this transaction, the total number of treasury shares held by the group will be 58,800,890, representing 1.53% of the total shares. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait on Tuesday, July 2, 2024, and in accordance with Boursa Kuwait's instructions and Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010, there is no additional material information to disclose beyond what has already been recently announced. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group B.S.C. has announced that its Board of Directors will hold a meeting on Monday, August 12, 2024, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the second quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. have announced that discussions are ongoing for GFH to acquire Ithmaar's financing and investment portfolios. Ithmaar's shareholders approved the proposed transaction during an Extraordinary General Meeting on May 29, 2024, and authorized the Board of Directors to negotiate and finalize the deal's structure, terms, and documents. GFH is currently conducting due diligence and will provide periodic updates to shareholders on the progress.

GFH Financial Group B.S.C. announced on June 6, 2024, that it has received significant recognition for its exceptional performance in the financial sector. The company secured the 5th position in Forbes' Top 30 Asset Managers 2024 list and was named the World's Best Islamic Investment Bank by Global Finance for the second consecutive year. The announcement was made by Mariam Jowhary, Head of Compliance and AML, with no expected financial impact reported.

On June 6, 2023, GFH Financial Group B.S.C. announced that Arqaam Capital has issued an analyst coverage report on GFH shares. The report, which is attached to the announcement, includes recommendations, estimates, forecasts, and opinions provided by third-party analysts. These recommendations are for informational purposes only and represent the analysts' views. They do not constitute financial advice or endorsements by GFH Financial Group. The recommendations are subject to continuous review and may change. There is no expected financial impact from this announcement. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.